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Hong Kong relaxes some stablecoin rules, launches limited trials with 3 industry players
South China Morning Post via Yahoo Singapore Finance· 3 days agoHong Kong regulators have decided to keep many tough requirements set out last year in a proposal for regulating stablecoins, but made some concessions following public feedback, just ahead ...
Sun Hung Kai Capital teams up with GAM Investments to boost business across Greater China
South China Morning Post via Yahoo Singapore Finance· 3 days agoHung Kai & Co (SHK&Co) has teamed up with GAM Investments to manage and distribute GAM's funds in...
Deutsche Bank looks to Asia-Pacific wealth management business to drive core growth
South China Morning Post via Yahoo Singapore Finance· 3 days agoDeutsche Bank is aiming for Asia-Pacific to contribute at least 15 per cent of its global revenue in...
Hong Kong government raises US$3.2 billion via multicurrency green bond
South China Morning Post via Yahoo Singapore Finance· 3 days agoHong Kong's government raised US$3.2 billion via green bonds denominated in US dollars, euros and offshore yuan in the city's latest push to establish itself as a sustainable finance hub and ...
Wall Street rebounds from tech rout as European stocks climb on ECB rate hold
Yahoo Finance UK· 3 days agoThe FTSE 100 and European stocks closed in green on Thursday as Wall Street managed to reverse some ...
Exclusive-Hit by client exits, PwC to slash China partners' pay, sources say
Reuters via Yahoo Singapore Finance· 3 days agoPricewaterhouseCoopers (PwC) has asked its China-based partners to take a pay cut of up to 50%, two...
European shares end marginally lower as tech sell-off stymies advances
Reuters via Yahoo Singapore Finance· 3 days ago"Instead of giving that firm forward guidance for September, she continues to remain quite data...
Stock market today: Asian shares sink, weighed down by Wall St tech retreat, China policy questions
Associated Press Finance via Yahoo Singapore Finance· 3 days agoU.S. futures rose while oil prices declined. Chinese officials briefed reporters in Beijing on the...
Dollar edges higher; euro, sterling weaker ahead of ECB meeting
Investing.com via Yahoo Singapore Finance· 3 days agoThe U.S. dollar edged higher Thursday, while the euro slipped ahead of an ECB meeting and sterling dipped as U.K. wage growth slowed. At 04:00 ET (09:00 GMT), the Dollar Index ...
Citi: 'Broader and significant' easing to start in H2
Investing.com via Yahoo Singapore Finance· 3 days agoAccording to Citi economists, the key question now is whether this deceleration is a temporary downturn or signals...scope to cut rates significantly, which should serve as an additional stabilizing ...